Ellenbecker Investment Groupcharitable Foundation Inc
Ellenbecker Investment Group Charitable Foundation shows strong asset growth and no executive compensation.
EIN: 204909038 · Waukesha, WI · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $42K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $580,308 |
| Net Assets | $580K |
| Transparency Score | 95/100 |
Is Ellenbecker Investment Groupcharitable Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ellenbecker Investment Groupcharitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ellenbecker Investment Groupcharitable Foundation Inc
Ellenbecker Investment Groupcharitable Foundation Inc (EIN: 204909038) is a nonprofit organization based in Waukesha, WI, classified under NTEE code T21. The organization reported total revenue of $164K and total assets of $580K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellenbecker Investment Groupcharitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ellenbecker Investment Groupcharitable Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $42K |
| Surplus / Deficit | +$107K |
| Total Assets | $580K |
| Total Liabilities | $1 |
| Net Assets | $580K |
| Operating Margin | 71.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 165.7 months |
Financial Health Grade: A
In 2023, Ellenbecker Investment Groupcharitable Foundation Inc reported a surplus of $107K with revenue exceeding expenses, holds 165.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ellenbecker Investment Groupcharitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.7% | -17.1% | +22.6% |
| 2022 | -12.6% | -9.9% | +11.3% |
| 2021 | -17.5% | +35.7% | +15.4% |
| 2020 | +141.0% | +169.0% | +35.0% |
| 2019 | +688.1% | +38.7% | +74.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ellenbecker Investment Groupcharitable Foundation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ellenbecker Investment Groupcharitable Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $107K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or key employees receive salaries from the foundation, which is highly commendable for an organization of its size ($580,308 in assets).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Ellenbecker Investment Groupcharitable Foundation Inc:
- Consistent asset growth, reaching $580,308 in 202312.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Extremely low liabilities ($1 consistently), demonstrating strong financial stability.
- Strong program focus, as implied by the grantmaking foundation NTEE code and low administrative overhead.
- Positive revenue trends over the long term, despite some annual fluctuations.
Frequently Asked Questions about Ellenbecker Investment Groupcharitable Foundation Inc
Is Ellenbecker Investment Groupcharitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellenbecker Investment Groupcharitable Foundation Inc (EIN: 204909038) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Ellenbecker Investment Groupcharitable Foundation Inc spend its money?
Ellenbecker Investment Groupcharitable Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ellenbecker Investment Groupcharitable Foundation Inc tax-deductible?
Ellenbecker Investment Groupcharitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204909038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ellenbecker Investment Groupcharitable Foundation Inc CEO make?
Ellenbecker Investment Groupcharitable Foundation Inc's highest-compensated officer earns $580,308 annually. The organization reported $164K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ellenbecker Investment Groupcharitable Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Ellenbecker Investment Groupcharitable Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ellenbecker Investment Groupcharitable Foundation Inc located?
Ellenbecker Investment Groupcharitable Foundation Inc is headquartered in Waukesha, Wisconsin and files with the IRS under EIN 204909038. It is classified under NTEE code T21.
How many years of IRS 990 filings does Ellenbecker Investment Groupcharitable Foundation Inc have?
Ellenbecker Investment Groupcharitable Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $164K in total revenue.
What is the primary focus of the grants made by the Ellenbecker Investment Group Charitable Foundation?
While the NTEE code T21 indicates it is a Private Grantmaking Foundation, the specific beneficiaries or areas of focus for its grants are not detailed in the provided financial summary. Further investigation into their grant recipients would be needed.
How does the foundation manage to operate with 0% officer compensation?
The foundation likely operates with volunteer leadership or administrative support provided pro bono, possibly by the Ellenbecker Investment Group itself, allowing all funds to be directed towards its charitable mission.
What is the typical grantmaking volume or number of grants issued annually?
The provided data on expenses ($42,035 in 202312) represents total expenses, which for a grantmaking foundation would largely consist of grants. However, the exact number or average size of grants is not specified in this summary.
Filing History
IRS 990 filing history for Ellenbecker Investment Groupcharitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ellenbecker Investment Groupcharitable Foundation Inc's revenue has declined by 29.1%, moving from $210K to $149K. Total assets increased by 180.4% over the same period, from $207K to $580K. Total functional expenses rose by 968.5%, from $4K to $42K. In its most recent filing year (2023), Ellenbecker Investment Groupcharitable Foundation Inc reported a surplus of $107K, with revenue exceeding expenses. The organization holds $1 in liabilities against $580K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $580K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $42K | $580K | $1 | — | — |
| 2022 | $99K | $51K | $473K | $1 | — | View 990 |
| 2021 | $113K | $56K | $425K | $1 | — | View 990 |
| 2020 | $137K | $41K | $369K | $1 | — | — |
| 2019 | $57K | $15K | $273K | $1 | — | View 990 |
| 2015 | $7K | $11K | $157K | $1 | — | View 990 |
| 2014 | $17K | $69K | $161K | $1 | — | View 990 |
| 2013 | $17K | $11K | $213K | $1 | — | View 990 |
| 2012 | $11K | $10K | $207K | $1 | — | View 990 |
| 2011 | $210K | $4K | $207K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $42K, and assets of $580K (revenue +50.7% year-over-year).
- 2022: Revenue of $99K, expenses of $51K, and assets of $473K (revenue -12.6% year-over-year).
- 2021: Revenue of $113K, expenses of $56K, and assets of $425K (revenue -17.5% year-over-year).
- 2020: Revenue of $137K, expenses of $41K, and assets of $369K (revenue +141.0% year-over-year).
- 2019: Revenue of $57K, expenses of $15K, and assets of $273K (revenue +688.1% year-over-year).
- 2015: Revenue of $7K, expenses of $11K, and assets of $157K (revenue -58.7% year-over-year).
- 2014: Revenue of $17K, expenses of $69K, and assets of $161K (revenue +5.8% year-over-year).
- 2013: Revenue of $17K, expenses of $11K, and assets of $213K (revenue +54.2% year-over-year).
- 2012: Revenue of $11K, expenses of $10K, and assets of $207K (revenue -94.9% year-over-year).
- 2011: Revenue of $210K, expenses of $4K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ellenbecker Investment Groupcharitable Foundation Inc:
Data Sources and Methodology
This transparency report for Ellenbecker Investment Groupcharitable Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.